Unico American Corporation Declares Cash Dividend

Unico American Corporation (Nasdaq: UNAM) (“Unico,” the “Company”)
announced today that its Board of Directors declared a cash dividend of
$1.

Unico American Corporation (Nasdaq: UNAM) (“Unico,” the “Company”) announced today that its Board of Directors declared a cash dividend of $1.00 per share of common stock. This cash dividend declared on November 15, 2012, is payable on December 14, 2012, to shareholders of record on November 30, 2012.

The Board of Directors declared this cash dividend after taking into consideration the Company’s current liquidity and financial position.

Headquartered in Woodland Hills, California, Unico is an insurance holding company that underwrites property and casualty insurance through its insurance company subsidiary; provides property, casualty, and health insurance through its agency subsidiaries; and through its other subsidiaries provides insurance premium financing and membership association services. Unico has conducted the majority of its operations through its subsidiary Crusader Insurance Company since 1985. For more information concerning Crusader Insurance Company, please visit Crusader’s Web site at www.crusaderinsurance.com.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Certain statements contained herein that are not historical facts are forward-looking. These statements, which may be identified by forward-looking words or phrases such as “anticipate,” “appears,” “believe,” “expect,” “intend,” “may,” “should,” and “would,” involve risks and uncertainties, many of which are beyond the control of the Company. Such risks and uncertainties could cause actual results to differ materially from these forward-looking statements. Factors which could cause actual results to differ materially include underwriting actions not being effective, rate increases for coverages not being sufficient, premium rate adequacy relating to competition or regulation, actual versus estimated claim experience, regulatory changes or developments, unforeseen calamities, general market conditions, and the Company’s ability to introduce new profitable products.